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Ann: FBR Executes Binding US Agreement with CRH Ventures Americas, page-229

  1. 178 Posts.
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    A lot of discussion here and on the other FBR threads about the $32m revenue per machine per year from the AFR article... and I honestly just feel that the journo, in an effort to get the story out fast, has mis-read/mis-calculated the figure directly from the Bell Potter deal sheet.

    The deal sheet states "Initial three U.S. Hadrian X machines targeted to generate US $9.6m revenue p.a. at 60% utilization."

    Simply dividing $9.6m by 3 gives you $3.2m. I think it is a typo in the article. $32m/machine is crazy high.

    On the upside... the placement is being done at ZERO discount (2.7c)
 
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